The Week (US)

The bottom line

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■ American Airlines announced it will lay off

19,000 workers when federal aid ends Oct. 1. The airline, with 133,700 employees, says it will need to reduce head count by 40,000, including voluntary retirement­s. Delta Air Lines said it plans to furlough 1,941 of its pilots.

CNN.com

■ More than 60 percent of economists in an August survey say the U.S. GDP will remain below its 2019 level until at least 2022. Economists expect at least 40 percent of pandemic business closures will be permanent.

Axios.com

■ Leaked financial documents from the secretive data-mining company Palantir ahead of its IPO revealed the tech company lost $579 million in 2019. Most of the revenue for Palantir, known for its counterter­rorism work, comes from government contracts.

TechCrunch.com

■ Thirty-three states and the District of Columbia now allow cocktails-togo during the pandemic. Before Covid-19 struck, only two states—Florida and Mississipp­i—allowed them on a limited basis.

Associated Press

■ The onetime corporate raider Carl Icahn reaped

$1.3 billion from a short position in commercial mortgage-backed bonds, betting that long-suffering malls would default on their loans.

Bloomberg.com

■ A 2009 rookie card of Los Angeles Angels star Mike Trout sold at auction for $3.936 million, making it the most valuable sports card of all time. The price eclipsed a 2016 sale of a 1909 Honus Wagner T-206 card that sold for $3.12 million.

ESPN.com

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